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Gold/Mining/Energy : JAB International (JABI)

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To: Frank Brisebois who wrote (4323)2/4/1999 3:22:00 PM
From: J.L.  Read Replies (3) of 4571
 
I called the office this morning and Larry answered the phone. Sounds to me like they are forging along, working on financing, JV development and getting the cement business flowing. The key is to get some cash flow and earnings so the company will get on track.

Keep in mind that these guys are busy working on a variety of things to get the company moving. Larry did mention that the USCEMENT web site was being (or had been)updated.

Mentioned that the selling was the former president getting rid of his shares (50,000) as he is pissed off at Larry about somthing to do with his departure. As far as I am concerned, Larry is OK if he has pissed off the previous management.

Regards, JL
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